Energy Update

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So what's changed in the six years since Copenhagen? A lot, it turns out.

(Fri, 18 Sep 2015) Results from second-quarter 2015 financial statements of a number of U.S. companies with onshore oil operations suggest continued financial strain for some companies. Low oil prices have significantly reduced cash flow for U.S. oil producers, and to adjust to lower cash flows, companies have reduced capital expenditures and raised more cash from debt and equity.

* Asia-Pac IPOs up 15 pct so far in 2015, but have stalled now

* Will drag on fuel oil imports, already hit by slowing economy

* Giant CRRC stepping up plans to boost overseas sales (Adds details of Xi's visit, other business deals)

BEIJING, Sept 18 (Reuters) - A former general manager of Chinese energy giant Sinopec Group has been expelled from the Communist Party and will be prosecuted for crimes, including bribery and abuse of power, the party's anti-corruption watchdog said on Friday.

SINGAPORE, Sept 18 (Reuters) - Oil prices dipped early on Friday on fresh signs the Middle East will continue to prioritise market share over prices, while the United States kept interest rates at historic lows on worries over the health of the global economy.

CONCORD, N.H., Sept 17 (Reuters) - Democratic presidential candidate Hillary Clinton said on Thursday the Obama administration's decision on whether to approve the Keystone XL pipeline oil pipeline was overdue and she "can't wait too much longer" to say where she stands on the issue.

OYU TOLGOI, Mongolia, Sept 17 (Reuters) - Rio Tinto said it is committed to expanding its Oyu Tolgoi copper mine in Mongolia based on a positive outlook for the metal and confidence that low production costs can buoy profits even as competitors cut output.

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